JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Shares Acquired by Gries Financial LLC

Gries Financial LLC increased its position in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) by 2.1% in the 2nd quarter, Holdings Channel reports. The firm owned 43,497 shares of the company’s stock after buying an additional 894 shares during the period. Gries Financial LLC’s holdings in JPMorgan Nasdaq Equity Premium Income ETF were worth $2,414,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of JEPQ. Global Assets Advisory LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter worth $60,320,000. Cetera Investment Advisers grew its holdings in shares of JPMorgan Nasdaq Equity Premium Income ETF by 550.6% during the first quarter. Cetera Investment Advisers now owns 1,051,796 shares of the company’s stock worth $57,049,000 after buying an additional 890,120 shares during the last quarter. Jane Street Group LLC raised its stake in JPMorgan Nasdaq Equity Premium Income ETF by 7,462.7% during the 1st quarter. Jane Street Group LLC now owns 794,084 shares of the company’s stock valued at $43,071,000 after acquiring an additional 783,584 shares during the last quarter. Lebenthal Global Advisors LLC acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth approximately $28,788,000. Finally, Osaic Holdings Inc. lifted its position in JPMorgan Nasdaq Equity Premium Income ETF by 26.0% during the 1st quarter. Osaic Holdings Inc. now owns 2,389,490 shares of the company’s stock worth $129,587,000 after acquiring an additional 493,420 shares during the period.

JPMorgan Nasdaq Equity Premium Income ETF Price Performance

Shares of NASDAQ:JEPQ traded up $0.02 during trading on Wednesday, reaching $52.44. The company had a trading volume of 1,274,719 shares, compared to its average volume of 2,839,737. The stock’s fifty day moving average price is $53.79 and its 200 day moving average price is $53.66. JPMorgan Nasdaq Equity Premium Income ETF has a fifty-two week low of $44.95 and a fifty-two week high of $56.18. The firm has a market capitalization of $14.89 billion, a price-to-earnings ratio of 32.10 and a beta of -0.84.

JPMorgan Nasdaq Equity Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.5569 per share. This is a positive change from JPMorgan Nasdaq Equity Premium Income ETF’s previous monthly dividend of $0.42. This represents a $6.68 annualized dividend and a dividend yield of 12.74%. The ex-dividend date of this dividend is Tuesday, September 3rd.

About JPMorgan Nasdaq Equity Premium Income ETF

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.